Trading Tokens

Connect your Wallet

1. Visit the Mammoth platform website

2. Click on "Connect Wallet"

3. Choose your Solana wallet provider (e.g., Phantom, Solflare)

4. Follow the prompts to connect your wallet

Buying Tokens

1. Browse available markets or create a new one by choosing a Solana-based token for your cryptocurrency market

2. Choose whether you want to buy YES or NO tokens

3. Enter the amount of SOL you want to spend

4. Review the number of tokens you'll receive and the price

5. Confirm the transaction in your wallet

Selling Tokens

1. Select the market and token type you want to sell

2. Enter the number of tokens to burn

3. Review the amount of SOL you'll receive

4. Confirm the transaction in your wallet

Trading Strategies

Arbitrage:

• Look for discrepancies between Mammoth's predictions and other crypto exchanges or prediction markets

• Take advantage of price discrepancies between YES and NO tokens

Trend Following:

• Analyse the current trend of a Solana token's price or market cap

• Participate in markets that align with the overall trend direction

Contrarian:

• Bet against the crowd when you believe the market sentiment is overly bullish or bearish

• Look for opportunities where you think the market has overreacted to news or events

Hedging:

• Use Mammoth markets to hedge against your existing cryptocurrency portfolio

• Create or participate in markets that could offset potential losses in your holdings